#GENIUS Stablecoin Act Passed# ๐จ Breaking News: GENIUS Stablecoin Act Passed! ๐จ
The long-awaited GENIUS Stablecoin Act has officially been passed, marking a major milestone in crypto regulation โ
๐๏ธ This new law aims to bring clear rules and transparency to stablecoins, making the digital finance space more secure and trustworthy for users and investors.
๐ต Under the act:
Stablecoin issuers must hold 100 percent reserves
Regular audits will be mandatory
Only licensed institutions can issue stablecoins
Strict measures against fraud and misuse ๐
๐ Experts believe this act will boost investo